January 09, 2014 14:48 ET
PORTLAND, OREGON--(Marketwired - Jan. 9, 2014) - RESPECT YOUR UNIVERSE, INC. (TSX VENTURE:RYU)(OTCQB:RYUN) ("RYU") announced today that Munir Ali has resigned as a director of RYU due to other increased business commitments. Mr. Ali was a board and audit committee member, and was integral in listing RYU on the TSX Venture Exchange in 2012.
RYU also announced that as part of a board approved restructuring plan, the position of Chief Operating Officer has been eliminated and Mr. Erick Siffert is no longer employed by the Company. The Company is in discussions with Mr. Siffert regarding a possible relationship.
RYU wishes to thank Messrs. Ali and Siffert for their contributions to RYU.
Respect Your Universe, Inc. is a performance apparel brand designed for athletes and active adults. Crafted from organic and/or earth-friendly materials, RYU apparel enhances movement, is extremely comfortable and healthy for the environment. Founded in 2008, RYU has incorporated the lessons learned from mixed martial arts into beautiful everyday performance wear. For more information, visit www.ryu.com.
On Behalf of the Board
RESPECT YOUR UNIVERSE, INC.
Craig Brod, CEO and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Respect Your Universe, Inc.818 North Russell StreetPortland, OR 97227+1 877 798 8326www.ryu.comRespect Your Universe, Inc.Investor Relations+1 877 367 email@example.comRespect Your Universe, Inc.Public Relations+1 877 798 firstname.lastname@example.org
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